date:Feb 16, 2019
rices to a nearly 13-year low of 92 cents per lb on Sept. 18. Prices have since languished near those levels, which are far below the cost of production in many countries. This has forced some growers to invest less in their farms, which, one analyst said, would start translating to diminished global output in 2019/20.
The performance of the Brazilian real is also expected to continue influencing arabica futures.
Arabica prices firmed alongside the real in the weeks before the Brazilian presid